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Top 10 Infrastructure Projects Underway in India

2015-06-22Posted By:Infrabazaar

1. Narmada Valley Development Project: Narmada Valley Development Project with an estimated cost of $30 billion is the single largest river development scheme in the country with over 3,000 dams slated to be built on the Narmada River in Central India. It is one of the largest hydroelectric projects in the world and stands to displace approximately 1.5 million people across three states (Gujarat, Maharashtra, and Madhya Pradesh).

2. Dibang Hydropower Project: Dibang Hydropower Project with an estimated cost of $2.5 billion is a 3,000 megawatt power project planned in the ecologically fragile region of Arunachal Pradesh, north-east of India. The proposed dam on the Dibang River is a major tributary of the Brahmaputra rive, close to the border of China, will be India’s largest and one of the world’s tallest dams.

3. Viraat Ramayan Mandir: Viraat Ramayan Mandir with an estimated budget of $78 million is expected to be completed by 2023. The proposed temple will be 116 meters tall with 18 spires spread across 809,371 sq. m of land. It is planned in the East Champaran district of Bihar and owned by the private Mahavir Mandir Trust.

4. Chenab River Railway Bridge: Chenab River Railway Bridge at an estimated cost of $92 million is expected to complete by 2019, it will be the highest railway bridge in the world, over river Chenab, 359 meters above the river bed in Katra, Jammu-Kashmir. The 1.3km-long bridge is a part of the 73km-long Katra-Dharam section of the Udhampur-Srinagar-Baramulla Rail Link (USBRL) project.

5. Hyderabad Metro: Hyderabad Metro pegged at $2.1 billion comprises 72km of elevated track with stations every one kilometer, is expected to provide daily transport to up to1.7 million commuters in the commercial hub of newly formed Telangana State by 2017.

6. Navi Mumbai International Airport: Navi Mumbai International Airport at with an estimated cost of $2.4 billion, the airport, a PPP project that has been delayed by land acquisition and environmental issues but pre-development work has started in March 2015. The project is expected to complete in 2019.

7. SmartCity, Kochi: SmartCity, Kochi with estimated budget at $1 billion, spread over 820, 000 sq. m in the Kakkanad District in Kochi, Southern India is the first SmartCity project in India and second in the world by the Tecom Investments group. First phase of project is expected to complete by 2020.

8. Gujarat International Finance Tec-City(GIFT): Gujarat International Finance Tec-City (GIFT Smart City) with an estimated budget of $20 billion will be built on 3.59 sq. km of land. It is being built with assistance from France's La Défense, Tokyo's Shinjuku and Britain’s London Docklands. It is expected to complete by 2018.

9. Delhi Mumbai Industrial Corridor: Delhi Mumbai Industrial Corridor with an estimated cost of $90 billion aims to create seven smart cities distributed along a dedicated freight corridor between the Indian capital Delhi and Mumbai. The project will generate three million job opportunities manufacturing/processing sectors.

10. National Highways Development Project (NHDP): National Highways Development Project (NHDP) is an initiative to upgrade, rehabilitate and widen major highways in India. It is being carried out in seven phases over 45, 000km of highways. The Government of India has taken various loans from the World Bank ($ 1,965m), Asian Development Bank ($ 1,605m) and the Japan Bank for International Cooperation ($261m) for financing the projects under NHDP.

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Incepted in the year 2012, Infra Bazaar is the first of its kind market place for manufacturers, service providers and traders across the Infrastructure domain. With the vision of creating an Ecosystem for Infrastructure domain, we at Infra Bazaar are fostering innovation to add value to the Infrastructure industry through online portal, data research and mobile apps. We are committed towards making real and lasting solutions for the infrastructure industry that can disrupt and bench mark materials / equipment sourcing and equipment hiring via mobile and online medium.

Why InfraBazaar?

Internet and Mobile Technology has made world smaller. With a simple hand held device we can reach millions of customer worldwide. Leveraging on these modern technologies, business can now increase its reach to consumers. Individuals remain connected to their Network; Buyers to Sellers and vice versa. Keeping in view the present and future needs of Infrastructure Industry we provide scalable and customized solutions for asset management, disposition and valuation. We strategize and devise solutions for large construction houses, civil contractors, dealers, bankers, NBFC’s and all stake holders of Infra Business.

Leveraging on Technology

We cater to the Infrastructure Industry in digital platforms both Web and Mobile. With our expertise in Infra Business we have created niche platforms leveraging on technology. The web and mobile platforms provide every possible solution for the Infra Industry. We have created distinct verticals for Equipment Sourcing and Disposal, Material Sourcing, Auctions and Reverse Auctions. Mobile apps are today part of every conceivable business, irrespective of their size or services they offer. Our Mobile app and catalogue management system specifies distance of the product, pricing and description. Our App is live on all 3 platforms Android, Windows and IOS.

Opportunity

With India alone looking to invest close to $1 Trillion over the next 5 years in Infrastructure and globally it is a $57 Trillion Industry, opportunity in this sector stands enormous. We aspire to be the game changers and intend to get benefited just by making this unorganized sector organized. We look forward to be the world’s first Equipment pooling company, cutting down costs drastically on Heavy Equipment spend. With the ever increasing consumer base and market acceptance we not only foresee a huge demand for our services but also foresee an opportunity to contribute positively in restructuring the Infrastructure domain as a whole.

OUR SERVICES

Used Equipment Disposal

Our asset management solutions, with its operations spread across India is now well-known among large construction houses. So far we have been instrumental in disposing close to $10 Million of surplus assets from various construction houses. With our high ethical standards and excellent services, we are now counted among the best in this space.

New and Used Equipment Sourcing

We intend to offer a wide array of Heavy Machineries to our buyers. The selection of a machine for a specific job is not merely a question of economics but much beyond. Keeping in view the demands of a buyer to do the job efficiently and economically, we source viable construction equipment depending upon its availability.

Equipment Rentals

In times where companies have to demonstrate high levels of profit compared to invested capital, contractors are increasingly eager to rent equipment, it allows them to minimize the size of their equipment fleet. Less immobilized capital, allows for improved cost control, lower maintenance costs as well as for reduction in transportation fleets. Renting equipment with operators even allows for optimizing staff costs. We have ambitious plans to have at least 3000 Equipment to be made available for rent by the year end.

Auction and Reverse Auction Platform for Disposal and Procurement Respectively

Our world class Auction platform available both in Mobile and Web has seen tremendous success. So far we have auctioned more than $1 Million worth of asset and scrap in just last 6 Months. We are acquiring new customers at a very fast pace those who want to use our auction platform. The reverse auction (e-procurement) vertical is just taking off and we have conducted several reverse auctions helping companies save millions in procurement.

Material Sourcing and Display

Our material display and catalog management system is a single repository of all information needed to create and manage a product in the offering. It contains the relevant commercial information and specifications. With open access information, the catalog is available to all potential buyers who can access existing or add new ones to the library.

Finance

The sale of construction equipment in India is expected to grow to 1 Million units by 2020 and so will be the demand for financing them. We at Infra Bazaar have tied up with several industry leaders for used heavy equipment, plant and machinery financing and re-financing.

Valuation

Our team of appraisers is fully equipped to conduct inventory appraisals, site inspection appraisals and desktop appraisals. We have catered to several industries in valuing used and capital assets. We provide unbiased opinion of value or other physical attributes of the identified asset. Value, on the other hand, is the monetary worth of asset, goods or equipment.